Sunshine Outdoor (BD) Co, Ltd, a British Virgin Island and China (Hong Kong)-based company, is set to invest US$ 15 million to establish a tent and camping manufacturing industry at the BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram.
An agreement to this effect was signed at the BEPZA Complex, Dhaka, between the Bangladesh Export Processing Zones Authority (BEPZA) and Sunshine Outdoor (BD) Co, Ltd, said a press release.
The lease agreement was signed by Md Tanvir Hossain, Executive Director (Investment Promotion) of BEPZA, and Liang Difa, Chairman of Sunshine Outdoor (BD) Co., Ltd. BEPZA Executive Chairman Major General Mohammad Moazzem Hossain witnessed the signing ceremony.
The company will produce annually 1.5 million pieces of outdoor products like tent, canopy, bag, duffel bag, waterproof dry bags, and sleeping bag, back pack, tarpaulins, inflatable pillows and mattresses, air pillows, mosquito nets, carpets, mats, folding chairs, and different types of bins & baskets.
The company is expected to create employment opportunities for 2,975 Bangladeshi nationals.
The Executive Chairman of BEPZA thanked Sunshine Outdoor (BD) Co., Ltd. for choosing Bangladesh, particularly the BEPZA Economic Zone, as its investment destination and assured them of BEPZA's seamless cooperation to ensure smooth and successful business operations in the zone.
